If you are looking for a Reader's Digest version of what is going on
that is suitable for giving to your students (or in-laws), here is a
link to a summary that Doug Diamond and I prepared for the Freakonomics Blog:
http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-the-recent-financial-upheavals/#more-3097
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Anil Kashyap
Edward Eagle Brown Professor of Economics and Finance
University of Chicago
Graduate School of Business
5807 S. Woodlawn Ave.
Chicago, IL 60637
phone (773) 702-7260
fax (773) 753-0551
email: anil.kashyap_at_chicagogsb.edu
web: http://chicagogsb.edu/fac/anil.kashyap
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Received on Thu Sep 18 2008 - 10:06:59 EDT